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I think the small businesses, the mom and pop shops that cannot afford a fleet of accountants, will benefit the most from a lower tax.
by tmaly 10y ago
I think the small businesses, the mom and pop shops that cannot afford a fleet of accountants, will benefit the most from a lower tax.
- dplgk 10y agoHow does lower or higher tax changes the amount of accountants you need?
- dmix 10y agoComplex tax code = lots of loops that can be found via a team of accountants Therefore the big firms that everyone villianizes for paying little taxes are already paying low taxes. This would lower the taxes for those who can't afford the team of accountants. Ideally they should also dramatically simplify the tax code to eliminate all of the loopholes so everyone pays the expected rates and there are no reinforcing cyclical benefits for market incumbents crippling innovation and continually enriching a small subset of the population.